Former Executive Nishad Singh Pleads Guilty to Criminal Charges in FTX Collapse

Nishad Singh, former engineering chief of bankrupt cryptocurrency exchange FTX, pleaded guilty to fraud and several other criminal charges at a hearing on Tuesday related to the collapse of the company, Bloomberg reported. Bahamas-based FTX, once one of the world’s biggest crypto exchanges, collapsed in November last year and the founder and former head Sam Bankman-Fried also faces a list of criminal charges, including money laundering. (forkast)

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